First Independent Mena Newspaper
Italian energy group Eni has discovered a major natural gas at Narges-1 exploration well in the Narges Offshore Area Concession in the Eastern Mediterranean, offshore Egypt, the company announced Sunday in a press release. The multinational firm said it discovered 200 net feet (61 meters) of milocene and oligosin gas-bearing sandstones in the Nargis-1 well […]
Belgium’s energy firm, John Cockerill, plans to invest in green hydrogen as part of a joint venture in Morocco where they plan to manufacture key equipment to transform electricity into hydrogen at a lower cost, Afrik21 reported. “In Morocco, John Cockerill will manufacture alkaline electrolyzers. This is the most widespread technology for the production of […]
The Algerian government has indulged in telling half-truths by focusing on value of gas exports instead of the volume which has dropped 10% to 49.3 billion cubic meters in 2022, down more than 5 bcm from 2021. The drop confirms forecasts that Algeria- which already lost its status as an oil country- will lack capacity […]
Mohamed Bazoum, President of Niger, inaugurated Wednesday a 22 Megawatt energy plant in the eastern city of Zender with a total investment of $23.6 million as part of efforts to increase energy connectivity in the West African country where only 20 per cent of territory having access to energy. The facility was built by the […]
Zimbabwe has banned the export of raw lithium from its mines so it can cash in on value addition and stop losing billions of dollars in mineral proceeds to foreign companies. The new regulation is designed to “ensure that the vision of the president to see the country becoming an upper-middle income economy has been […]
Harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, and transform access to clean water and sustainable energy, according to a new report by the European Investment Bank (EIB). Africa could make $1.1 trillion from the sale […]
The EU’s carbon tax, agreed recently, is a chance for Moroccan industry operators to enhance their competitiveness. “We should not look at this measure as a burden on our industries. It is rather an advantage to overcome competition,” Minister of Industry and trade Ryad Mezzour told local media le360. EU governments reached a deal over […]
Participants at a meeting held Friday in Washington on the role of Nigeria and Morocco in regional cooperation and the future of the energy sector in Africa, stressed that both countries can benefit from the transformation of the global energy market needs, and that this strong bilateral partnership plays an important role in securing the […]
Côte d’Ivoire is set to inaugurate its solar energy plant, the country’s energy Director announced Thursday, adding that over 7,000 green energy projects are being developed. “After having experimented fossil fuels and hydroelectricity, Côte d’Ivoire, which is rich in renewable energy potential, is about to commission its first solar power plant, marking its intention to […]
Safran Nacelles Morocco, a subsidiary of French aeronautic parts manufacturer Safran, inaugurated last week a new photovoltaic power station with a capacity of 1.7 Megawatts that will supply its Nouaceur plant with green energy. The photovoltaic power station will cover more than 20% of the annual consumption of the Nouaceur aeronautic parts production plant, reducing […]